FYI, the Bank for International Settlements (BIS) is the central bank of central banks. They pretty much dictate central bank policies around the globe, including the ECB (European), BOE (England), BOJ (Japan), Bundesbank (Germany), PBOC (China), and the Fed (United States). They've been known to intervene in gold markets in order to "manage" the price down.
http://kingworldnews.com/alert-bis-intervened-in-the-gold-market-to-assist-battered-gold-shorts/
Friday, August 12, 2016
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